7505 HSN Code: Nickel bars, rods, profiles, wire

HSN Sub Chapter 7505 represents Nickel bars, rods, profiles, wire under GST classification. This code helps businesses identify Nickel bars, rods, profiles, wire correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7505, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nickel bars, rods, profiles, wire.

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New GST Rate for HSN Code 7505

GST Rate for Nickel bars, rods, profiles, wire under HSN Code 7505. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

75

HSN Code

HSN Description

Nickel bars, rods, profiles and wire

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 7505

Following tariff HSN codes fall under Nickel bars, rods, profiles, wire.

Tariff HSN

Description

Bars, rods and profiles : Of nickel, not alloyed : Hollow bars

Tariff HSN

Description

Bars, rods and profiles : Of nickel, not alloyed : Other bars; rods and profiles

Tariff HSN

Description

Bars, rods and profiles : Of nickel alloys : Hollow bars

Tariff HSN

Description

Bars, rods and profiles : Of nickel alloys : Other bars; rods and profiles

Tariff HSN

Description

Wire : Of nickel, not alloyed

Tariff HSN

Description

Wire : Of nickel alloys

India’s Trade Performance — HSN Sub-Chapter 7505 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹541 Cr

+1.94% vs FY 2023-24

0.0146% of India’s total exports

India’s Imports

FY 2024-25

₹1,959 Cr

+2.08% vs FY 2023-24

0.0321% of India’s total imports

Trade Balance

FY 2024-25

−₹1,418 Cr

Trade Deficit

Surplus rank #994 of 1233 subchapters

% of Chapter 75

FY 2024-25

33.83%

Share of Chapter 75’s total exports in FY 2024-25

Import side: 18.75% of Chapter 75’s imports

Rank Within Chapter 75

FY 2024-25

#1 of 8

Position by export value among subchapters in Chapter 75

Import-side rank: #2 of 8

At a glance

22.03%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#516

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+85.43%

Peak Growth Year

FY 2021-22 · strongest single-year move

33.83%

Contribution to Ch. 75

Share of Chapter 75 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 7505

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #632

Balance

−400.27

Exports

163.65 ₹ Cr

0.0071% share

YoY

35.20% of Ch. 75

Imports

563.92 ₹ Cr

0.0157% share

YoY

10.91% of Ch. 75

FY 2019-20 Exp. Rank #628

Balance

−537.73

Exports

166.82 ₹ Cr

0.0076% share

+1.94% YoY

25.54% of Ch. 75

Imports

704.55 ₹ Cr

0.0210% share

+24.94% YoY

12.70% of Ch. 75

FY 2020-21 Exp. Rank #619

Balance

−464.74

Exports

183.04 ₹ Cr

0.0085% share

+9.72% YoY

44.12% of Ch. 75

Imports

647.78 ₹ Cr

0.0222% share

−8.06% YoY

11.75% of Ch. 75

FY 2021-22 Exp. Rank #565

Balance

−467.83

Exports

339.41 ₹ Cr

0.0108% share

+85.43% YoY

36.07% of Ch. 75

Imports

807.24 ₹ Cr

0.0177% share

+24.62% YoY

10.16% of Ch. 75

FY 2022-23 Exp. Rank #545

Balance

−866.75

Exports

428.53 ₹ Cr

0.0118% share

+26.26% YoY

26.62% of Ch. 75

Imports

1,295.28 ₹ Cr

0.0225% share

+60.46% YoY

12.34% of Ch. 75

FY 2023-24 Exp. Rank #502

Balance

−1,388.43

Exports

530.23 ₹ Cr

0.0147% share

+23.73% YoY

38.79% of Ch. 75

Imports

1,918.66 ₹ Cr

0.0342% share

+48.13% YoY

17.28% of Ch. 75

FY 2024-25 Exp. Rank #516

Balance

−1,417.98

Exports

540.53 ₹ Cr

0.0146% share

+1.94% YoY

33.83% of Ch. 75

Imports

1,958.51 ₹ Cr

0.0321% share

+2.08% YoY

18.75% of Ch. 75

CAGR · 7-Year

Exports

22.03% /yr

Imports

23.06% /yr

Consistently Deficit
Chapter 75 total

reference, FY 2024-25

Export

₹1,597.71 Cr

Import

₹10,445.58 Cr

Trade Balance

−8,847.87

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 7505 Export-Import Analysis

Consistent Export Growth: 22.03% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 7505 have grown at a compound annual rate of 22.03% over 7 fiscal years, rising from ₹163.65 Crore in FY 2018-19 to ₹540.53 Crore in FY 2024-25.

HSN Sub-Chapter 7505 Ranked #516 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 7505 ranks #516 out of 1233 subchapters by total export value. Within Chapter 75, it ranks #1 of 8. By trade surplus, it ranks #994 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 7505 Exports

The strongest single-year export movement for HSN Sub-Chapter 7505 was recorded in FY 2021-22, when exports surged by 85.43% over the prior year.

India Records a Trade Deficit of ₹1,417.98 Crore in HSN Sub-Chapter 7505 Goods

In FY 2024-25, India's imports of ₹1,958.51 Cr exceeded exports of ₹540.53 Cr, resulting in a trade deficit of ₹1,417.98 Crore — ranking #994 of 1233 by surplus magnitude.

Import Growth of 23.06% CAGR Signals Rising Demand for Nickel bars, rods, profiles, wire

India's imports under HSN Sub-Chapter 7505 have grown at 23.06% CAGR, reaching ₹1,958.51 Crore in FY 2024-25.

HSN Sub-Chapter 7505 Contributes 33.83% of Chapter 75 Exports — Ranked #1

Among the 8 subchapters under Chapter 75, HSN Sub-Chapter 7505 ranks #1 by export value — accounting for 33.83% of the chapter's total exports in FY 2024-25. On the import side, it holds 18.75% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 7505 and GST compliance.

What products are classified under HSN 7505

It includes Nickel bars, rods, profiles, wire

What misclassification mistakes happen with Nickel bars, rods, profiles, wire?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Any special steps when selling Nickel bars, rods, profiles, wire through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

How should I document Nickel bars, rods, profiles, wire sent for job work?

Use a delivery challan for sending Nickel bars, rods, profiles, wire to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Does MRP, weight or pack size change GST treatment for Nickel bars, rods, profiles, wire?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

Can I claim ITC on inputs and services used for Nickel bars, rods, profiles, wire?

If your outward supply of Nickel bars, rods, profiles, wire is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.